Encumbrance - Wikipedia An encumbrance is a third party's right to, interest in, or legal liability on property that does not prohibit the property's owner from transferring title (but may diminish its value) [1] Encumbrances can be classified in several ways
ENCUMBRANCE Definition Meaning - Dictionary. com Encumbrance definition: something that encumbers; something burdensome, useless, or superfluous; burden; hindrance See examples of ENCUMBRANCE used in a sentence
Encumbrance - Definition, Examples, Cases, Processes - Legal Dictionary What is an Encumbrance? An encumbrance is a burden or obstacle placed upon an item of real or personal property that can work to reduce its value For example, an encumbrance can be a lien or a mortgage The term “encumbrance” can also be used to refer to another person’s right to a property
What Is an Encumbrance? - The Balance An encumbrance is any legal item that restricts usage or the transfer of property Most properties have some kind of encumbrance Mortgages and deeds of trust are common examples of encumbrances The encumbrance is released when the mortgage is paid in full or the home is sold
encumbrance | Wex | US Law | LII Legal Information Institute An encumbrance is a claim against an asset by an entity that is not the owner Common types of encumbrances against real property include liens , easements , leases , mortgages , or restrictive covenants